$10,000 Closing Credit*
$1,749,900
4,413 SqFt
Darryl Bodle, Kelly Christian, Listing Office: Keller Williams Realty Portland Premiere
Is 97213, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 97213 has remained a Seller's Market.
Key Takeaway
97213 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 97213, OR
How much do homes in 97213, OR cost?
Median Sold Price
$535,916
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$39,083(-6.8%)
Key Takeaway
Homes in 97213 have sold for 6.8% less than they did a year ago.
Summary: The median home sold price in 97213 was $535,916 in November 2024, down 6.8% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $265.9K | -1.5% |
| 2 Bedrooms | $442.5K | $425K | -4.0% |
| 3 Bedrooms | $577K | $590K | +2.3% |
| 4 Bedrooms | $707.5K | $670K | -5.3% |
| 5+ Bedrooms | $825K | $744K | -9.8% |
Summary: 97213 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 9.8%.
Housing Supply in 97213, OR
How many homes are available in 97213, OR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 132 | 105 | -20.5% |
Summary: The 97213 real estate market had 105 homes for sale in November 2024, a 20.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 38 | 29 | -23.7% |
| 3 Bedrooms | 53 | 39 | -26.4% |
| 4 Bedrooms | 25 | 23 | -8.0% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The 97213 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 23.7%, 3 bedroom homes decreased by 26.4%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 28 | -36.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 97213, you could pay more than the asking price. 39.3% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in 97213 in November 2024, down by 36.4% month-over-month. Of the 28 sold homes, 29% were sold under asking, 32% were sold at asking, and 39% were sold over asking.
Days on Market for 97213, OR
How long does it take to sell a home in 97213, OR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 55 Days | +141.1% |
Summary: Homes in 97213 had an average of 55 days on market in Nov 2024, up by 141.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 97213 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 28 homes were sold in 97213; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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